by Rod Purnell
http://www.PriceNegotiator.com
As you probably already know, on the Internet, eBay is king. Even if you've never bought or sold anything on eBay by now, chances are you've at least browsed the pages, and probably been amazed at some of the deals people are getting. The truth is, a lot of these eBay sellers are making very good money running auctions. Why? Because the people who bid on their goods feel empowered--like they have some control over the price. And that's good for business...any business.
When customers have the ability to negotiate their own price, they feel important. That feeling of control contributes to the their feelings about the deal they are getting. Even if the price isn't the lowest around, the fact that they can negotiate that price is extremely appealing, lending heavily to the perceived value of the item. And as you know, it's all about perception.
Price negotiation is an emerging trend online--and not just on eBay. Every day, more and more people are beginning to negotiate prices with their customers, rather than offering the traditional rigid price tag. And, they're finding that they're generating more sales and more profits in the meantime.
Many online retailers of goods and services feel that price negotiation actually helps maintain the value of the products they sell, inspiring a feeling of fairness and value on the part of customers. In fact, many customers end up paying a little more than they have to, because that perception of fairness, value, and price control makes it more appealing than paying an off-the-shelf price.
Perhaps you would consider price negotiation as a better way of doing business and a fast way to better sales, but are wary of the time and effort involved in coordinating the negotiations. Rest easy; there are ways to streamline and even automate the entire process. Software programs do exist for the specific purpose of price negotiations, some having the ability to negotiate, record statistics, take payments, and deliver the products automatically.
So, if your business could use a boost, consider price negotiation as a means to better sales and higher profits. If it works for eBay sellers, it can work for you, too.